Abstract
The continuous-review (Q, r) inventory model for simultaneously determining economic order quantity and economic reorder point has been considered. In this paper, we investigate an improvement in the basic continuous-review (Q, r) inventory model. Further, an additional procedure to obtain a feasible solution based on the continuous-review (Q, r) inventory model is proposed.
| Original language | English |
|---|---|
| Pages (from-to) | 110-113 |
| Number of pages | 4 |
| Journal | Journal of Japan Industrial Management Association |
| Volume | 65 |
| Issue number | 2 |
| Publication status | Published - Jan 1 2014 |
Keywords
- Economic order quantity
- Economic reorder point
- Simultaneous decision
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Industrial and Manufacturing Engineering
- Applied Mathematics